Amounts to be credited to term allocated pension accounts
196G Amounts to be credited to term allocated pension accounts
The Board is to credit to a Term Allocated Pension Member’s term allocated pension account —
the amounts transferred to the Term Allocated Pension Scheme under regulation 196D; and
earnings in accordance with regulation 196I; and
any amounts transferred from reserves maintained under section 20A of the Act in accordance with the Board’s reserving strategy and any relevant Treasurer’s guidelines.
The Board may temporarily keep amounts transferred for a Term Allocated Pension Member, together with amounts transferred for other Term Allocated Pension Members, in an account maintained for that purpose until those amounts are credited to the appropriate term allocated pension accounts.
[Regulation 196G inserted: Gazette 10 Dec 2004 p. 5898; amended: Gazette 13 Apr 2007 p. 1592; 10 Jan 2017 p. 154‑5.]
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